Black pepper pricesAugust 31 bucket in Dak Lak was purchased by dealers at the highest level ever 135,000 VND / kg which heated the atmosphere in the villages.
> Dak Lak pepper area exceeds 700-800 ha compared to the plan
Despite the current price of coffee It is also at a high level of about 50,000 VND / kg, but many people still rush to invest in pepper, not very salty with traditional coffee trees.
Explaining this problem, Mr. Hoang Van Hung of Buon Ho Town said that, although the price of coffee is high, due to inflation, all investment costs for coffee such as fertilizer, gasoline, labor … both increased sharply; and coffee trees are plants that need a lot of investment, so despite high prices, after harvest, minus all costs coffee growers no longer earn much profit.
Meanwhile, pepper is the opposite, price increases nearly 3 times higher than coffee, low investment cost so huge profit.
Perhaps that is also the reason why the market of buying and selling coffee on this occasion seems to be much more gloomy than in 2004, when coffee prices soared above 40,000 VND / kg for the first time, people rushed. Buying coffee land, the city also hunted to buy more coffee fields in the hope of changing their lives. That demand has now been shifted from coffee trees to pepper.
Pepper prices increased rapidly and stood at the current high level, which is the main reason that worries the agricultural sector in the Central Highlands provinces to be destroyed. Gia Lai is a famous province for pepper, according to the data of the Department of Agriculture and Rural Development of Gia Lai, the total area of pepper has increased by more than 6,000 hectares, mainly concentrated in Chu Se and 2 districts. Chu Pus occupies nearly 4,000 hectares, the remaining area is scattered in Chu Prong district, Dak Doa …
In Dak Lak, according to the agricultural sector's plan, the drainage area is only about 5,000 hectares, but at present the drainage area has exceeded the plan to nearly 1,000 hectares and according to the scientists' recommendation if the agricultural sector. Dak Lak industry has no measures to curb the spread of the “pepper whirlwind”, only a few more years, the pepper area of Dak Lak will be the largest in the country and reach about 10,000 hectares.
The agricultural sector has been trying to keep an area of 50,000 hectares in the past few years, but with the price increase in the past 1 year, breaking the planning is unavoidable.
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